Analysis
Europe
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September 2019: European hoteliers struggle to start the new school year

5 min reading time

Published on 24/10/19 - Updated on 17/03/22

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Hamburg, Germany

Most countries are struggling this month, with a few exceptions. Destinations are slowing down in this time darkened by several bankruptcies in the tourism industry (Thomas Cook, Aigle Azur, XL Airways, Adria Airways...).

The evolution of the customer base is indeed stagnant, for an occupancy rate of 81.2%; the average daily rate (€110.20 excluding VAT) slightly compensates for this stagnation producing a RevPAR that evolves at the same speed: +1.9% for both indicators.
 
 
 The heart of Europe shines brightly in...

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